Elon Musk pushes Tesla employees for greater Q2 production and deliveries
The next twelve days are super important for Tesla to achieve production and delivery targets this quarter, the American electric vehicle giant’s CEO, Elon Musk, said. According to emerging media reports, CEO Musk recently sent an email to his employees at Tesla, stressing that the next twelve days are super important in terms of production and delivery. He said the company was executing well, but urged the employees to “go all out” as the end of the quarter is approaching fast.
In the email to employees, Mr. Musk said, “Overall, we are executing well, but the next 12 days are super important for production and delivery this quarter. Please go all out!”
Tesla chief is known for making an end-of-the-quarter production and delivery push that by and large translates into very high results in the last couple of weeks of a quarter. Most probably, the current quarter will keep on this tradition.
Most of the industry experts are of the view that achieving year-over-year growth is not going to be difficult for the EV manufacturer. Profitability is also expected to be in a good state. Taken as a whole, the last many quarters remained positive in terms of profitability for the Palo Alto, California-based electric car maker.
As Mr. Musk has also stated in the aforementioned email that Tesla is already doing well in terms of production and delivery, why he felt the need to additionally push the employees to the limit? Some believe that he wants the company’s production to exceed 200,000 units. If the company really produces more than 200,000 units of EVs, it would be the first time for the company to do so.
The previous quarterly record stands at 184,877 units, and Troy Teslike has estimated that it is quite possible for the manufacturer to produce 198,000 units in the second (April to June) quarter. The figure supports the thesis that the company might have a goal to produce 200,000 units this quarter, achieving just another symbolic milestone.
For the whole of 2021, the Palo Alto, Calif.-headquartered EV giant’s production is expected to perceptibly exceed 800,000 units, significantly up from 500,000 in 2020.
For the EV manufacturer, a quick rise in sales is very crucial as the large automotive groups like Ford and General Motors have already entered the EV space and most of them are now aiming to exceed Tesla in the next few years. To boost it production capacity, Tesla is building new manufacturing facilities in Texas, Germany and some other locations.
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